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Dry bulk freight rates may fall later in 2010

AJOT | June 09, 2010 | Breakbulk & Projects

Dry bulk freight rates for large ships, which have been volatile in the past few months, are likely to weaken later this year as new vessels enter the market, the International Grains Council said. Read More »

Konecranes closes factory in Windsor, WI, USA

AJOT | June 09, 2010 | Ports & Terminals

Konecranes will close its assembly plant in Windsor, WI, by the end of October 2010. Konecranes expects to book largely lease-related restructuring costs of EUR 3 million due to the factory closure in the second quarter of 2010. Read More »

Statistics on vessels, port cargo and containers for first quarter 2010

AJOT | June 09, 2010 | Ports & Terminals

The Census and Statistics Department (C&SD) of the Hong Kong Special Administrative Region Government released statistics on vessels, port cargo and containers for the first quarter of 2010.

In the first quarter of 2010, total port cargo thro Read More »

China stock regulator approves Ningbo Port IPO plan

AJOT | June 09, 2010 | Ports & Terminals

Ningbo Port Co has obtained preliminary regulatory approval from China's stock regulator to launch an initial public offering in Shanghai expected to be worth around 13 billion yuan ($1.9 billion). Read More »

Extra space will be made for larger container ships and dry bulk at Rotterdam

AJOT | June 09, 2010 | Ports & Terminals

ECT, EMO and the Port of Rotterdam Authority have made agreements for the further development of their commercial activities on the existing Maasvlakte. At the beginning of 2011, a start will be made on widening the Amazonehaven. At the same time, EMO wil Read More »

Port of Long Beach, Army Corps launch harbor deepening project


AJOT | June 09, 2010 | Ports & Terminals

A $40 million project deepening the Port of Long Beach Main Channel to allow safer transit for the largest ships including oil tankers was officially kicked off by the Port and the U.S. Army Corps of Engineers. Read More »

China soy imports fill storage, delay unloading

AJOT | June 09, 2010 | Ports & Terminals

The large quantity of soybean cargoes arriving in China since late May has swamped ports and filled their storage to capacity, delaying unloading for newly-arrived soy cargoes, traders said.

China, the world's largest soy importer, is likely Read More »

Port Commissioner named to US committee on trade

AJOT | June 09, 2010 | Ports & Terminals

Maryland Port Administration (MPA) Commissioner Peta N. Richkus has been appointed to a four-year term as a member of the Intergovernmental Policy Advisory Committee on Trade by the Office the United States Trade Representative. The 29-member committee is Read More »

Port of Mobile remains open

AJOT | June 09, 2010 | Ports & Terminals

The Port of Mobile remains open to commercial traffic with no anticipated closures or delays expected from the DEEPWTER HORIZON oil spill. “We absolutely see no reason to close this port or divert traffic,” says James K. Lyons, director and CEO for the Al Read More »

Georgia Ports Authority wins Bronze Anvil Award

AJOT | June 09, 2010 | Ports & Terminals

The Georgia Ports Authority (GPA) was awarded the coveted 2010 Bronze Anvil Award from the Public Relations Society of America (PRSA) for superior performance in the design and execution of an individual public relations tactic within a broader public rel Read More »

Port Administation signs lease for land at Dundalk Marine Terminal

AJOT | June 09, 2010 | Ports & Terminals

The Maryland Port Administration (MPA) announced that Ceres Terminals Incorporated has signed a lease for 12 additional acres at the Port of Baltimore’s Dundalk Marine Terminal. Read More »

ICTSI Brunei unit marks 1st year of operation

AJOT | June 09, 2010 | Ports & Terminals

New Muara Container Terminal Services Sdn. Bhd. (NMCTS), a wholly owned subsidiary of Philippine-based port operator International Container Terminal Services, Inc. (ICTSI), recently celebrated its first anniversary of operating and maintaining the Muara Read More »

IANA launches DVIR processing system

AJOT | June 09, 2010 | Intermodal

The Intermodal Association of North America (IANA) announced that it has launched the IANA Driver Vehicle Inspection Report (DVIR) Processing System. The system assists motor carriers, intermodal equipment providers (IEPs), facility operators, and mainten Read More »

IAS’ DispatchManager improves drayage operations and invoicing

AJOT | June 09, 2010 | Intermodal

International Asset Systems (IAS), the global leader in services and technology for asset management within the transport industry, has announced that DispatchManager, its widely deployed drayage management service, is now fully integration-enabled to sup Read More »

CP Rail aims to boost operating efficiencies

AJOT | June 09, 2010 | Intermodal

Canadian Pacific Railway can become more efficient with operating changes that do not require significant capital spending, the carrier's new chief operating officer said.

The railway has begun pilot projects at its Winnipeg, Manitoba, termin Read More »

Swedish apartment blocks are produced with

AJOT | June 09, 2010 | Intermodal

From now until spring 2011, DB Schenker will transport approx. 12,500 tons of prefabricated concrete walls from Neubrandenburg to Sweden for the construction of apartment blocks, arriving just in time. On June 8, the experts at the Central Rail Logistics Read More »

South Africa’s Transnet seeks bidders for railway lines

AJOT | June 09, 2010 | Intermodal

South Africa's logistics group Transnet is looking for private bidders to operate 7,300 km of its railway lines, the company said in a newspaper advertisement. Read More »

Genesee & Wyoming to buy Australia’s FreightLink for A$334 million

AJOT | June 09, 2010 | Intermodal

U.S. railroad operator Genesee & Wyoming Inc agreed to buy Australia's FreightLink for A$334 million (about $277.2 million) to expand its operations in the mineral-rich country. Read More »

Russia, Belarus to hold talks on customs union

AJOT | June 09, 2010 | International Trade

Belarus has agreed to hold high-level talks with Moscow on joining a Russia-dominated customs union, the Kremlin said after Russia and Kazakhstan launched the bloc without Belarus. Read More »

Nokia pedals hard to stay ahead in cheap markets

AJOT | June 09, 2010 | International Trade

Nokia Oyj , the world's top cellphone maker, unveiled four new cheap models and a bicycle charger in a move to protect its dominance in emerging markets.

Nokia said the 15-euro charger was targeted at developing countries with limited access to electr Read More »

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